SOYBEANS– Soybeans rallied again today, after a 14 ¼ cent gain in the overnight session. Soybean oil also continues to trade higher. Soybean oil was breaking during the day today but ended the day higher. If there’s profit taking in soybean oil that may be when soybeans start to correct as well. Soybean meal has also rallied hard with soybeans …
MAY-SEPT ’26 SOYBEAN SPREAD (ZSK26-ZSU26)
WALSH PURE SPREADER Pure Hedge Division RICH MORAN 2/11/2026 MAY-SEPT ’26 SOYBEAN SPREAD (ZSK26-ZSU26) On February 4th (1 week ago today) Trump made the announcement that after “very positive” talks with China’s President Xi Jinping, it looked like China may be increasing its purchase of U.S. soybeans from 12 million metric tons up to 20 million metric tons. This caused …
Grain Spreads: March26/May26 Corn
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now Commentary The corn market can’t get out of its own way lately …
Wheat Rallies on Wednesday
SOYBEANS– It was a quieter day for soybeans today, but they were able to close positive. CONAB estimates will be released tomorrow. The average estimate is 179.5 mt, compared to the USDA at 180.0 mt. Brazil’s trading at a discount to the US and their harvest is currently ahead of schedule. It would not surprise me to see a move …
Grain Spreads: Bean Counting
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now Commentary The Trade expected little from the USDA in today’s WASDE report …
Chart of the Day – April Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Sign Up to receive Walsh Trading’s 1st Half of 2026 Market Outlook First Half of 2026 Outlook for the Livestock and Grain markets. Tuesday, February 10, 2026 As bulls struggle with momentum, a short-term move lower seems likely. If you like this article …
February WASDE Report This Morning – Soybeans Trade Higher
SOYBEANS– As expected, today’s WASDE report was quiet, especially compared to last month’s report. No changes were made to the domestic balance sheet. World ending stocks for soybeans were raised from 124.91 mmt to 125.51 mmt. Yesterday there was a flash sale for delivery to China. It was the first sale to China since mid-January. Soybeans have bullish charts on …
Hogs Break Down
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, February 10, 2026, at 3:15 pm. It is free for anyone who wants to sign up and the link for sign up is below. If you cannot attend live a recording will be sent to your email upon completion of the webinar. …
Soybeans Move Lower on Monday
SOYBEANS– Soybeans were 5 cents lower in the overnight session and continued lower today. There’s some profit taking happening in beans after the rally last week. Brazil is expected to have a huge crop. Harvest is 16% complete. And the largest growing region, Mato Grasso, is well-ahead of the average harvesting pace at nearly 40% complete. Brazil’s production estimate was …
WRT World Agricultural Supply and Demand February 8
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